If Freddie Mac weren't a government entity, the board of directors would be doing the perp walk. Imagine a private company like, say, Enron saying "You know that 3-year funds readjustment that we were supposed to have done last month and said we would have done this month? We'll have it done next month."
IMHO, they're waiting for something positive to happen.
If Freddie Mac weren't a government entity, the board of directors would be doing the perp walk. Exactly! SEC auditors would be all over them like ducks on a June bug.
IMHO, they're waiting for something positive to happen.
I have to agree.